Toward the New Multiannual Financial Framework: Fuel for the EU Global Strategy and Development Cooperation?

The current negotiations on the new EU Multiannual Financial Framework (MFF) for the years 2021–2027 represent a significant test for the EU Global Strategy (EUGS). The new MFF presents as a new single “Neighbourhood, Development and International Cooperation Instrument” (NDICI) – Heading 6 – an ambitious budget for EU external action, which would merge a large number of standalone EU external financing instruments into one. The proposed architecture of the new MFF would support the ambition of the EUGS, while how development cooperation will be framed in the MFF will represent a test for the concrete implementation of the EUGS.